Address
1331 Baker St, Longmont, CO
Price
$ 8,750,000
Property Attributes
  • MLS#987124
  • TypeIncome
  • CountyBOULDER
  • CityLongmont
  • AreaLongmont
  • NeighborhoodBaker Street Townhomes Subdivision
  • Zip80501
  • Style
  • Year Built2023
  • Taxes$ 60176
  • Price$ 8,750,000
  • Bedrooms3
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage33999
  • Lot Size1.16 Acres
Data Source:
Information and Real Estate Services (IRES)
Property Description

Brand new Class A multi-family townhome complex in the heart of Longmont. 14 luxury, smart-tech townhomes (all separately deeded for future condo conversion.) All have 3 bedrooms, 3.5 baths ranging in size from 1594-1875 sq ft. Elegantly designed with shaker cabinets, stainless steel appliances, quartz countertops throughout. Plus all with two-car attached garages. West facing decks with mountain views and backing to a big city park. This excellent Class A investment is centrally located, close to downtown and right across the street from the iconic Longmont Athletic Club.

Elementary School Middle School High School
Timberline Elementary School Timberline Middle School Skyline High School
Price History
5/5/2023 Listed $8,750,000

General Features

Appliances Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Microwave
Association Y/N No
Attached Garage No
Basement 90%+ Finished Basement
Buyer Agent Compensation 2.80
Buyer Agent Compensation Type %
Cap Rate 4.13
City Longmont
Construction Materials Wood/Frame
Cooling Central Air
County Boulder
Electric Electric, Separate Meter Electricity, CIity
Elementary School Timberline
Garage Y/N No
Gas Y/N Natural Gas, Separate Meter Gas, XCEL
Gross Income 448140
Heating Forced Air
High School Skyline
High School District ST Vrain Dist RE 1J
Interior Features High Speed Internet, Eat-in Kitchen, Open Floorplan, Walk-In Closet(s), Kitchen Island
Land Lease Y/N No
Levels Two
Lot Size Square Feet 50530
MLS Area Longmont
Middle/Junior High School Timberline
Net Operating Income 360964
New Construction Yes
Operating Expense 87176
Patio/Porch Features Deck
Possible Use Multi-Family
Property Attached Y/N No
Property Condition New Construction
Property SubType Income Property
Property Type Residential Income
Roof Composition
Senior Community Y/N No
Sewer City Sewer
Standard Status Active
Status Active
Stories 2
Street Name Baker
Subdivision Name BAKER STREET TOWNHOMES SUBDIVISION
Tax Annual Amount 60176
Tax Year 2023
Tenant Pays Gas, Electricity
Total Units 14
Utilities Natural Gas Available, Electricity Available, Cable Available
View Mountain(s)
Virtual Tour https://my.matterport.com/show/?m=5X4T1fQeQJ2&mls=1
Waterfront Y/N No
Year Built 2023
Zoning RES PUD

Interior Features

Air Conditioning Y/N Yes
Fireplace Y/N No
Heating Y/N Yes
Laundry Features Washer/Dryer Hookups
Living Area Units Square Feet
Livingareasource Plans
Street Suffix St
Total Baths 4
Total Bedrooms 3

Exterior Features

Days on Market 36
Horse Y/N No
Lot Features Lawn Sprinkler System, Abuts Park
Lot Size Acres 1.16
Lot Size Area 50530
Lot Size Units Square Feet
Other Parking Parking Per Unit(2 Spaces/Unit)
Parking Features Garage Door Opener
Spa No
Water Source City Water, City

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 80501

Price
AVG $2.73M
$8.75M
Taxes
AVG $17,324
$60,176
Visits
AVG 13
23
Year Built
AVG 1982
2023

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